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South Africa Cuts Petrol and Diesel Prices From 7 January as LPG Rises

A firmer rand alongside lower global oil prices drove the formula-based cuts.

Overview

  • The Department of Mineral Resources and Petroleum confirmed reductions effective Wednesday: petrol 93 down 62c/l, petrol 95 down 66c/l, diesel down 137–150c/l depending on grade, and illuminating paraffin wholesale down 110c/l.
  • The slate levy on petrol and diesel remains at 0c/l after a R3.3 billion positive cumulative slate balance recorded at end‑November 2025.
  • Maximum retail prices for LPG increase by 21c/kg nationally and by 23c/kg in the Western Cape.
  • Drivers cited include Brent crude averaging down from $63.55 to $61.47 during the review period and the rand strengthening from R17.22 to R16.85 per US dollar, with higher winter inventories easing middle‑distillate prices.
  • The full magisterial district price schedule will be published on Tuesday, 6 January, and analysts expect the cuts to ease transport costs and inflation pressures.